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Altria's Best Growth Opportunity Is Running Into Bureaucratic Foot Dragging

Summary by 247wallst.com
Quick Read Altria (MO) posted Q4 net revenues of $5.85B as cigarette sales fell 2%, but its on! nicotine pouch brand shipped 177.8M cans in 2025 (up 11%), capturing 13.4% of the fast-growing pouch segment and securing FDA approval for six on! PLUS SKUs. Philip Morris (PM) and British American Tobacco (BTI) compete heavily in pouches, with PM’s newer Zyn versions and BTI’s Velo brand discounting aggressively while facing FDA regulatory delays. …

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247wallst.com broke the news in New York, United States on Wednesday, April 1, 2026.
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